Pacific Ridge Capital Partners LLC cut its stake in Comfort Systems USA, Inc. (NYSE:FIX – Get Rating) by 36.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,620 shares of the construction company’s stock after selling 7,280 shares during the quarter. Pacific Ridge Capital Partners LLC’s holdings in Comfort Systems USA were worth $1,249,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently modified their holdings of FIX. New Century Advisors LLC bought a new position in shares of Comfort Systems USA in the fourth quarter valued at about $47,000. Lazard Asset Management LLC bought a new position in shares of Comfort Systems USA in the fourth quarter valued at about $52,000. UMB Bank N A MO bought a new position in shares of Comfort Systems USA in the fourth quarter valued at about $87,000. First Horizon Advisors Inc. raised its position in shares of Comfort Systems USA by 200.7% in the third quarter. First Horizon Advisors Inc. now owns 2,228 shares of the construction company’s stock valued at $94,000 after purchasing an additional 1,487 shares during the period. Finally, Heritage Wealth Management LLC raised its position in shares of Comfort Systems USA by 47.0% in the third quarter. Heritage Wealth Management LLC now owns 1,877 shares of the construction company’s stock valued at $134,000 after purchasing an additional 600 shares during the period. 96.09% of the stock is currently owned by institutional investors.
In other news, Director Constance Ellen Skidmore sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 10th. The shares were sold at an average price of $89.06, for a total value of $267,180.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 2.48% of the stock is owned by company insiders.
Comfort Systems USA (NYSE:FIX – Get Rating) last released its earnings results on Wednesday, February 23rd. The construction company reported $1.04 EPS for the quarter, missing the consensus estimate of $1.05 by ($0.01). Comfort Systems USA had a net margin of 6.19% and a return on equity of 18.69%. The firm had revenue of $856.08 million during the quarter, compared to the consensus estimate of $810.27 million. During the same period in the prior year, the business earned $0.99 earnings per share. Comfort Systems USA’s quarterly revenue was up 22.5% compared to the same quarter last year. As a group, equities analysts expect that Comfort Systems USA, Inc. will post 5.51 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, May 27th. Shareholders of record on Monday, May 16th will be issued a $0.14 dividend. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.13. This represents a $0.56 annualized dividend and a yield of 0.66%. The ex-dividend date is Friday, May 13th. Comfort Systems USA’s dividend payout ratio (DPR) is currently 9.27%.
A number of equities analysts recently commented on FIX shares. Zacks Investment Research raised shares of Comfort Systems USA from a “hold” rating to a “buy” rating and set a $96.00 price target on the stock in a research report on Tuesday, March 1st. StockNews.com started coverage on shares of Comfort Systems USA in a research report on Thursday, March 31st. They set a “buy” rating on the stock. Finally, DA Davidson raised shares of Comfort Systems USA from a “neutral” rating to a “buy” rating in a research report on Friday, February 25th.
About Comfort Systems USA (Get Rating)
Comfort Systems USA, Inc provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It engages in the design, engineering, integration, installation, and start-up of mechanical, electrical, and plumbing (MEP) systems; and renovation, expansion, maintenance, monitoring, repair, and replacement of existing buildings.
- Get a free copy of the StockNews.com research report on Comfort Systems USA (FIX)
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